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Gold ended the week under substantial pressure despite the 2-year and the 10-year Treasury returns inverting for the very first time because 2019. Several market individuals watch this as a possible warning that economic crisis could be around the corner.
Right here's a look at Kitco's leading three stories of the week:
3. Gold cost articles best outcomes given that Q3 2020, course to $2,000 looks clear
2. Lessons from the 1970s: battle in Ukraine to 'reshape commodity markets for several years to come' – Resources Business economics
1. Russia establishes repaired gold price as it reactivates main bullion purchases
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Russia sets fixed gold price on gold purchases as metal sees best quarter since hitting record highs
Gold ended the week under significant pressure despite the 2-year and the 10-year Treasury yields inverting for the first time since 2019. Many market participants view this as a possible red flag that recession could be around the corner.
Here's a look at Kitco's top three stories of the week:
3. Gold price posts best results since Q3 2020, path to $2,000 looks clear
https://www.kitco.com/news/2022-03-31/Gold-price-posts-best-results-since-Q3-2020-path-to-2-000-looks-clear.html
2. Lessons from the 1970s: war in Ukraine to 'reshape commodity markets for years to come' - Capital Economics
https://www.kitco.com/news/2022-03-29/Lessons-from-the-1970s-war-in-Ukraine-to-reshape-commodity-markets-for-years-to-come-Capital-Economics.html
1. Russia sets fixed gold price as it restarts official bullion purchases
https://www.kitco.com/news/2022-03-28/Russia-sets-fixed-gold-price-as-it-restarts-official-bullion-purchases.html
__________________________________________________________________
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